AML Analyst
Key Responsibilities:
- Liaise with Banks: Serve as the primary point of contact for the bank, ensuring smooth communication regarding AML-related issues, including transaction monitoring and suspicious activity reporting.
- Monitor Transactions: Review customer transactions to identify any suspicious activity that may indicate money laundering or terrorist financing risks, coordinating findings with the bank.
- File SARs: Assist in preparing and filing Suspicious Activity Reports (SARs) as required by regulatory authorities, working closely with the bank to ensure compliance.
- CDD/EDD Procedures: Ensure thorough execution of Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for both new and existing clients, collaborating with the bank for account verification.
- Regulatory Compliance: Stay updated on AML regulations, banking compliance frameworks & ensuring that the company's practices align with banking standards.
- Internal Collaboration: Work closely with internal departments to ensure AML practices are integrated into their operations, facilitating bank compliance requirements.
Qualifications:
- Bachelor’s degree in Finance, Criminal Justice, Business, or a related field.
- Prior experience working in a bank or financial institution, particularly in a compliance or AML-related role.
- Strong verbal and written communication skills, able to work effectively with both internal teams and banking partners.
Pay: $20.00 - $30.00 per hour Benefits:
- Flexible schedule
- Health insurance
- Life insurance
Experience:
- Anti-money laundering: 2 years (Required)
Language:
- Mandarin (Preferred)
Work Location: Remote